points today. the numbers are dismal on the economy and the reality is, too. i m harris faulkner and you are in the faulkner focus . let s take a look at the dow. again, this has to do with how investors feel now. we dipped into bear market territory. we re no longer running with the bulls and while we don t talk all that much fancy talk on the faulkner focus in terms of money, what it means is your nest egg that you may get through your 401k on your job is not doing what it should be doing right now. don t plan to retire tomorrow. the experts are saying as well that investors are nervous because they can t figure out what s coming next. they know that this could be a predecessor for a recession and a pretty strong one. and that this is happening much more quickly than what the white house and the biden administration had promised america. the treasury secretary janet yellen recently apologizing, as if that would matter. we need action now. what does that look like? the fe
bear market territory. the federal reserve could boost interest rates by .75 point to try to time inflation that has the cost of everything rising. gas is still hovering above $5.00 a gallon nationwide, getting close to $7.00 out west in california. an estimate from moody s shows american households are spending about $460 more per month on necessities than they were one year ago. that means more families are having to make tough decisions just to get by. there s no way. it s cheaper to fly. it feels like you can t catch a break. it s difficult to save up for the things i do need in the long-term. we ll have more on it in a moment as well as the january 6th committee s next public hearing. it was scheduled for tomorrow. it was abruptly postponed. next steps in the senate on new gun legislation, when we could see actual text of a bill and most importantly a vote. we are going to start with the president s address genny moment now, and the economic realities that the coun
priority. we just had a circle breach the line. we need backup. key members of that far right extremist group are charged with seditious conspiracy. in an interview with cnn s jake capper right after the hearing last night, bennie thompson dropped a bomb shell about the role of extremist groups in all of this. are there going to be witnesses that describe actual conversations between these extremist groups and anyone in trump s orbit? yes. there will be? yes. we also heard top trump staffers admit there was no widespread election fraud. i remember sharing with him that we weren t finding anything that would be sufficient to change results in any of the key states. i made it clear i did not agree with the idea of saying the election was stolen own putting out this stuff which i told the president was bullshit. we also heard from trump s family members. i respect attorney general barr, so i accepted what he said was saying. and we heard what then presi
john: dow down 807 points at this moment. unfortunately, few people surprised by the new inflation data, confirming the pain at the pump and sticker shock. hello, john roberts in washington and happy friday to you. and happy friday to you as well, john. good to see you. anita vogel in for sandra smith. prices soared 8.6% from a year ago, highest in four decades as rent, energy and grocery prices continue to surge. another record high for gasoline prices as the national average edges ever so closer to $5 a gallon. anita: fox team coverage starts right now. karl rove on president biden s response to the economic crisis and a closer look at how much americans are paying at stores. john: but first, jacqui heinrich is travelling with the president live in los angeles. what is the white house saying they are going to do about inflation, jacqui? we have not heard from the president yet, he s going to speak later about supply chains but the chair of economic advisers says
so i accepted what he was saying. mr. meadows was asking me what i was finding, if i was finding anything and i remember sharing with him that we weren t finding anything. what was mr. meadows reaction to that information? i believe the words he used were so there s no there there? good morning, i m andrea mitchell in washington. joined by katy tur and hallie jackson for our special msnbc coverage, taking you through all the new facts, stunning new videos and compelling testimony from the january 6th committee s first primetime hearing on thursday night. and looking forward to what we have in store in the coming weeks. among the major questions that we will be tackling, what evidence will the committee provide in subsequent hearings to place former president donald trump at the center of an attempted coup. allegedly using radical groups like the proud boys and oath keepers, whose leaders have been both been charged with seditious conspiracy to try to overthrow our go